ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Friday, March 6, 2009

Scan 6 Mar 09

Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
FRONTKEN CORPORATION BHDLong3/6/20090.2411920025.322519
MAH SING GROUP BHDLong3/6/20091.715960037.043421
UCHI TECHNOLOGIES BHDLong3/6/20090.9132430022.053726
AIRASIA BHDShort3/6/20090.91162530023.152230
KURNIA SETIA BHDShort3/6/20091.8819670025.022633
M3NERGY BHDShort3/6/20091.3521430039.332629
MISC BHDShort3/6/20098.340490024.771920
YI-LAI BHDShort3/6/20090.5215400027.622627
YTL CEMENT BHDShort3/6/20092.4710670030.863637
YTL POWER INTERNATIONAL BHDShort3/6/20091.89426310024.952230

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